February 18, 2015 | Industry Insights

Fraudulent Copper Shipments from China

Share This:

Please be advised that we are currently working on two claims involving fraudulent shipments of copper scrap imported from China. The containers in question were loaded with bricks instead of copper scrap. These are not isolated incidents as we have been advised by a Lloyd’s surveyor in China that there is a current scam operation being perpetrated in China. We strongly recommend that if you are asked to provide coverage for a shipment of copper of any kind (scrap, tubing, etc.) from China, please decline to do so.

Additionally, we have heard of another fraudulent claim involving a shipment of aluminum from India. In this case the containers were loaded with bags of sand instead of aluminum. We advise that you decline to insure these types of shipments as well.

Should you have any questions or concerns, please contact your Roanoke Trade representative or email us at infospot@roanokegroup.com.

Share This:

Roanoke Introduces New Client Experience Department!

Roanoke Insurance Group is excited to announce the formation of our Client Experience department. This new department will be led by Amanda Barlow, who has served our clients in a variety of capacities throughout her tenure at Roanoke. Most recently as the Regional Vice President of our Western region. Roanoke’s Kylie Reinert will join Amanda […]

Industry Insights

Unlocking Success: The Key Elements of Carrier Vetting and Managing Liability

By: Andrew Johnson, Account Executive, Roanoke Insurance Group Inc. The freight brokerage industry as we know it today began in the late 1970s and early 1980s, around the time of the Motor Carrier Act of 1980. Before the passage of this landmark legislation, regulations were too restrictive to make freight brokerage a viable business segment. […]

Industry Insights

Leadership Excellence: Karen Rzeszutko Represents Roanoke on USCIB Board

We are excited to share that Karen Rzeszutko, President of Roanoke Insurance Group Inc. has been appointed to the Board of Directors of the United States Council for International Business (USCIB) for the 2024-2026 term. This appointment recognizes Karen’s outstanding leadership and her significant contributions to the industry. The USCIB, a prominent organization dedicated to […]

Corporate Communiqué, Industry Insights

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Who We Serve

Resource Center

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173

CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Fraudulent Copper Shipments from China

Related

Solutions that Go the Distance.